Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay - 2023
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay (CIF) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay (FOB) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $25,364 per ton, increasing by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 42%. As a result, import price attained the peak level of $29,645 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.6% per year.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay (FOB) - 2022
In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $46,354 per ton, increasing by 51% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($62,221 per ton), while the average price for exports to the United States ($22,870 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay
In 2022, overseas purchases of edible products of animal origin; not elsewhere specified or includeds decreased by -38.1% to 10 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. As a result, imports attained the peak of 20 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds declined dramatically to $261K in 2022. In general, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 112%. As a result, imports reached the peak of $468K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 174 | 397 | 264 | 261 | 14.5% |
| Spain | 10.2 | N/A | N/A | N/A | 0% |
| United States | 19.9 | 71.1 | 68.1 | N/A | 85.0% |
| Others | 16.5 | N/A | N/A | N/A | 0% |
| Total | 221 | 468 | 332 | 261 | 5.7% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Uruguay in 2022:
- China (10.3 tons)
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay
In 2022, overseas shipments of edible products of animal origin; not elsewhere specified or includeds decreased by -88.3% to 1.5 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 95%. As a result, the exports reached the peak of 13 tons, and then plummeted in the following year.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds reduced remarkably to $72K in 2022. Overall, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 85%. As a result, the exports reached the peak of $407K, and then declined rapidly in the following year.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 57.3 | 34.6 | 105 | 46.7 | -6.6% |
| Croatia | 5.9 | 14.0 | 11.4 | 23.3 | 58.1% |
| United States | 0.5 | 1.1 | 0.9 | 1.6 | 47.4% |
| Spain | 16.2 | 41.8 | 36.9 | N/A | 50.9% |
| China | 68.8 | 36.8 | 100 | N/A | 20.6% |
| France | 3.3 | 7.3 | 5.2 | N/A | 25.5% |
| Italy | 9.1 | 25.0 | 35.9 | N/A | 98.6% |
| Others | 57.4 | 59.7 | 111 | N/A | 39.1% |
| Total | 218 | 220 | 407 | 71.6 | -31.0% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Uruguay in 2022:
- Germany (1100.0 kg)
- Croatia (375.0 kg)
- United States (69.0 kg)
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